Question 13 10 points Save Answer A photocopier cost $1,100,000. This photocopier could be depreciated at 20% per year (Class 8). The photocopier would actually be worthless in eight years. The equipment would save $345,000 per year before taxes and operating costs. If we require a 14% return, what is the NPV of the purchase? Assume a tax rate of 40%. (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I Paragraph Arial 14px A TK % 0 Q V EE X2 X2 S T ABC 1 10 ~ Em (:)